Reuters – Investor demands to pull money out of hedge funds fell in April, data shows, in a sign that renewed volatility in financial markets may not be piling fresh pressure on more clients to quit the sector.
The GlobeOp Forward Redemption Indicator, a monthly snapshot of clients giving notice to withdraw their cash as a percentage of GlobeOp’s assets under administration, measured 2 percent in April, down from 3.23 percent in March but slightly above an all-time low of 1.85 percent in January.
